FOR IMMEDIATE RELEASE
2000-46
Press Contact:
John J. Nester (202) 942-7083
SEC Chairman Arthur Levitt, Congressional, and State Officials to
Conduct Investors Town Meeting in Milwaukee
Free program will offer area residents practical tips for saving
and investing
Washington, DC, April 10, 2000 -- Milwaukee area residents
who want to know more about the stock market will get their
chance when U.S. Securities and Exchange Commission Chairman
Arthur Levitt conducts an Investors Town Meeting at Mount Mary
College on Thursday, April 27, 2000.
Chairman Levitt will offer practical investing tips and
answer audience questions during a general session that will
begin at 7:00 p.m. He will be joined by U.S. Congressman Tom
Barrett and the Secretary of the Wisconsin Department of
Financial Institutions, John F. (Jack) Kundert. A series of one-
hour educational seminars on stocks, bonds, mutual funds, online
investing, and other topics will be offered at 4:30 and 5:30 p.m.
The free program will give everyday investors an opportunity
to hear from government and industry experts about how to invest
wisely and achieve financial security.
"We have more investors and ways to invest than ever before,
creating new opportunities for American families. But investing
in the stock market will always entail risk," Levitt said. "The
more you know about investments and how they're sold, the more
likely you will achieve financial security."
"This forum is a rare opportunity to learn smart investment
strategies from a man with a wealth of knowledge on the subject,
SEC Chairman Arthur Levitt," Barrett said. "I hope that all
Milwaukeeans, especially first-time investors, will take
advantage of this once-in-a-lifetime chance."
The town meeting will be the 37th of a national series
launched by the SEC in 1994 to promote public understanding of
the securities markets and awareness of the risks and rewards of
investing.
"Today, we are a nation of investors. A generation ago less
than 20 percent of households invested in the stock market and
today nearly half of all households own stock," said Kundert,
whose office oversees securities regulation in Wisconsin. "But
even with the tremendous growth we have seen in investing, more
tools need to be provided to investors so they can make the right
decisions for themselves. The most important tool, of course, is
knowledge."
Admission is free, but reservations are recommended because
seating is limited. To reserve a seat, call 1-877-399-4064, or
send an e-mail to rsvp@sec.gov. Anyone who needs auxiliary aids
to attend the town meeting, such as a sign language interpreter,
should request them at the time of reservation.
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